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Question 3 / 96:  What are the three main institutional settings we will study in this course?
Answer: 

Pure capitalism, pure socialism, and the mixed economy (as defined in the student text and also above).
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Capitalism: The Market Economy

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Attribution:  Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY
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